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Banking3 Ways the Banking Sector Can Overcome the Challenge of Change and Control
InvestingFinland’s Stora Eyes Billion-Euro Investment in Plastic-Free Packaging
BusinessNew Ideas, New Revenues: Merging Online and Offline Payments to Unlock the World of Multi-Dimensional Commerce
BusinessThe Ecommerce Trends That SMEs Need to Note
Why E-Commerce Needs a New Way to Assess Creditworthiness
Date: February 23, 2022
By Christian Mangold, CEO Fraugster Key Takeaways: Credit checks are designed to answer a simple question, “Can I trust this person to repay the amount they are borrowing?”. Traditional bureaus such as Equifax, Experian, Transunion, and major regional players like SCHUFA perform regular credit checks on customers to assess their total debt, repayment history, previous...
Request to Pay: What Is It and How Close Is the Industry to Adoption?
Date: February 23, 2022
By Louise Shorthouse, Senior Payments Consultant, Icon Solutions The concept of Request to Pay is simple. By enabling a secure messaging channel between biller and payer, it allows the biller to initiate a transaction and the payer to choose when – and how much – they pay. This is unlocking new flexible ways for money...
Naturgy Angers Industry by Renegotiating Gas Contracts Despite Paying the Penalties
Date: February 23, 2022
By Aida Pelaez-Fernandez and Christina Thykjaer MADRID (Reuters) – Spanish power and gas company Naturgy has angered some of its industrial customers by renegotiating long-term gas contracts to match recent price hikes, despite paying the penalties for doing so. Naturgy has unilaterally ended gas supply contracts with companies manufacturing brick and roof tiles in recent...
Germany Not Affected by Reports of Credit Suisse Data Leak – Finance Ministry
Date: February 22, 2022
BERLIN (Reuters) – Germany does not think it is affected by a leak of Credit Suisse client data that was published by an investigative journalism network, a spokesperson for the finance ministry said on Monday. Several media outlets published allegations that the bank’s clients included human rights abusers and businessmen who had been placed under sanctions. Credit...
Nordea Aims for 4% Growth in Lending Volume by End of 2025
Date: February 18, 2022
HELSINKI (Reuters) – Nordea is aiming for 4% growth in lending volume and 4-6% growth in savings assets by the end of 2025 by improving its digital services, the bank said on Thursday ahead of its capital markets day. “Now we will invest further in digital leadership. Our 2025 target is to have at least 25% more...
Airbus Hopes for Amicable Solution in Deadlocked Qatar Dispute
Date: February 18, 2022
By Tim Hepher PARIS (Reuters) -Airbus hopes to reach an amicable solution in a row with Qatar Airways over damage to the surface of A350 passenger jets, Chief Executive Guillaume Faury said on Thursday. The companies have been locked in a months-long dispute over paint erosion and deterioration to anti-lightning protection on the long-haul jets,...